Ocular Therapeutix Announces Closing of $35.1 million Public Offering

February 2, 2018: By Jon Swedien

Ocular Therapeutix sold nearly 7.5 million shares of its common stock at $5 per share in a $35.1 million public offering that closed Jan. 29, the company said.

The Bedford, Massachusetts, company said it plans to use the proceeds to resubmit a new drug application for Dextenza and other purposes.

The company has completed Phase III clinical development for Dextenza, a treatment candidate for ocular pain and inflammation following ophthalmic surgery.

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